The correction of soybeans, which followed a one-year-long growth from April 2020 to May 2021, is finishing. The price is gradually going down to the key Fibonacci level of 61.8%. After that, it’s likely that Soybeans’ growth will resume at least up to the level of 1 230, but possibly even to 1 330.
This content is for informational purposes only and is not intended to be investing advice.